pips skips limited Company Information
Company Number
07547618
Next Accounts
Dec 2025
Shareholders
philip hyde
kerry hyde
View AllGroup Structure
View All
Industry
Collection of non-hazardous waste
+1Registered Address
alpha 3 the buntings, cedars park, stowmarket, suffolk, IP14 5GZ
Website
www.pipsskips.co.ukpips skips limited Estimated Valuation
Pomanda estimates the enterprise value of PIPS SKIPS LIMITED at £5m based on a Turnover of £5m and 0.99x industry multiple (adjusted for size and gross margin).
pips skips limited Estimated Valuation
Pomanda estimates the enterprise value of PIPS SKIPS LIMITED at £4m based on an EBITDA of £801.6k and a 4.96x industry multiple (adjusted for size and gross margin).
pips skips limited Estimated Valuation
Pomanda estimates the enterprise value of PIPS SKIPS LIMITED at £14.5m based on Net Assets of £4.5m and 3.25x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Pips Skips Limited Overview
Pips Skips Limited is a live company located in stowmarket, IP14 5GZ with a Companies House number of 07547618. It operates in the collection of non-hazardous waste sector, SIC Code 38110. Founded in March 2011, it's largest shareholder is philip hyde with a 45% stake. Pips Skips Limited is a established, mid sized company, Pomanda has estimated its turnover at £5m with healthy growth in recent years.
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Pips Skips Limited Health Check
Pomanda's financial health check has awarded Pips Skips Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
4 Strong
![positive_score](/assets/images/scoreRate1.png)
3 Regular
![positive_score](/assets/images/scoreRate0.png)
5 Weak
![size](/assets/images/scoreRate0.png)
Size
annual sales of £5m, make it smaller than the average company (£9.9m)
- Pips Skips Limited
£9.9m - Industry AVG
![growth](/assets/images/scoreRate0.png)
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a slower rate (12.5%)
- Pips Skips Limited
12.5% - Industry AVG
![production](/assets/images/scoreRate1.png)
Production
with a gross margin of 28.2%, this company has a comparable cost of product (28.2%)
- Pips Skips Limited
28.2% - Industry AVG
![profitability](/assets/images/scoreRate0.png)
Profitability
an operating margin of 0.8% make it less profitable than the average company (9.4%)
- Pips Skips Limited
9.4% - Industry AVG
![employees](/assets/images/scoreRate1.png)
Employees
with 46 employees, this is similar to the industry average (51)
46 - Pips Skips Limited
51 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £38.9k, the company has an equivalent pay structure (£38.9k)
- Pips Skips Limited
£38.9k - Industry AVG
![efficiency](/assets/images/scoreRate0.png)
Efficiency
resulting in sales per employee of £109.2k, this is less efficient (£149.6k)
- Pips Skips Limited
£149.6k - Industry AVG
![debtordays](/assets/images/scoreRate0.png)
Debtor Days
it gets paid by customers after 48 days, this is later than average (37 days)
- Pips Skips Limited
37 days - Industry AVG
![creditordays](/assets/images/scoreRate2.png)
Creditor Days
its suppliers are paid after 52 days, this is slower than average (40 days)
- Pips Skips Limited
40 days - Industry AVG
![stockdays](/assets/images/scoreRate2.png)
Stock Days
it holds stock equivalent to 0 days, this is less than average (9 days)
- Pips Skips Limited
9 days - Industry AVG
![cashbalance](/assets/images/scoreRate2.png)
Cash Balance
has cash to cover current liabilities for 68 weeks, this is more cash available to meet short term requirements (9 weeks)
68 weeks - Pips Skips Limited
9 weeks - Industry AVG
![debtlevel](/assets/images/scoreRate2.png)
Debt Level
it has a ratio of liabilities to total assets of 36.6%, this is a lower level of debt than the average (63%)
36.6% - Pips Skips Limited
63% - Industry AVG
PIPS SKIPS LIMITED financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Pips Skips Limited's latest turnover from March 2024 is estimated at £5 million and the company has net assets of £4.5 million. According to their latest financial statements, Pips Skips Limited has 46 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||||
Other Income Or Grants | |||||||||||||
Cost Of Sales | |||||||||||||
Gross Profit | |||||||||||||
Admin Expenses | |||||||||||||
Operating Profit | |||||||||||||
Interest Payable | |||||||||||||
Interest Receivable | |||||||||||||
Pre-Tax Profit | |||||||||||||
Tax | |||||||||||||
Profit After Tax | |||||||||||||
Dividends Paid | |||||||||||||
Retained Profit | |||||||||||||
Employee Costs | |||||||||||||
Number Of Employees | 46 | 48 | 50 | 43 | 42 | 43 | 42 | 38 | 33 | ||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 3,752,248 | 4,369,617 | 4,324,020 | 3,753,623 | 3,556,309 | 3,634,815 | 3,669,589 | 2,816,385 | 1,224,073 | 869,512 | 621,223 | 839,919 | 866,171 |
Intangible Assets | 167,750 | 251,625 | 335,500 | 419,375 | 503,250 | 587,125 | 671,000 | 754,875 | 838,750 | 893,750 | 517,500 | 1,003,750 | 1,058,750 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 3,919,998 | 4,621,242 | 4,659,520 | 4,172,998 | 4,059,559 | 4,221,940 | 4,340,589 | 3,571,260 | 2,062,823 | 1,763,262 | 1,138,723 | 1,843,669 | 1,924,921 |
Stock & work in progress | 3,332 | 1,751 | 1,662 | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 662,092 | 843,386 | 862,700 | 759,364 | 703,876 | 767,114 | 840,250 | 729,495 | 647,368 | 479,084 | 419,351 | 266,920 | 287,741 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 830,190 | 388,509 | 270,478 | 280,005 | 304,336 | 45,342 | 46,071 | 12,986 | 24,479 | 0 | 0 | 0 | 3,949 |
Cash | 1,615,196 | 1,185,090 | 1,426,053 | 943,814 | 331,734 | 353,361 | 245,930 | 201,400 | 68,156 | 108,994 | 90,522 | 32,534 | 21,007 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 61,588 | 46,228 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 3,110,810 | 2,418,736 | 2,560,893 | 1,984,183 | 1,339,946 | 1,227,405 | 1,178,479 | 943,881 | 740,003 | 588,078 | 509,873 | 299,454 | 312,697 |
total assets | 7,030,808 | 7,039,978 | 7,220,413 | 6,157,181 | 5,399,505 | 5,449,345 | 5,519,068 | 4,515,141 | 2,802,826 | 2,351,340 | 1,648,596 | 2,143,123 | 2,237,618 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,764 | 10,451 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 516,871 | 445,369 | 405,636 | 337,456 | 368,219 | 320,768 | 370,633 | 294,293 | 241,467 | 1,404,918 | 1,009,712 | 432,627 | 428,614 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 503,604 | 689,665 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 375,912 | 196,065 | 162,949 | 134,350 | 0 | 0 |
other current liabilities | 710,725 | 708,525 | 970,998 | 880,534 | 783,398 | 1,004,184 | 1,229,589 | 356,186 | 251,323 | 0 | 0 | 0 | 0 |
total current liabilities | 1,227,596 | 1,153,894 | 1,376,634 | 1,217,990 | 1,151,617 | 1,324,952 | 1,600,222 | 1,529,995 | 1,382,284 | 1,578,318 | 1,144,062 | 432,627 | 428,614 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,186 | 23,333 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,076,527 | 356,462 | 233,816 | 167,962 | 0 | 0 |
Accruals and Deferred Income | 181,136 | 11,290 | 10,497 | 10,426 | 10,043 | 15,537 | 7,840 | 5,000 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 418,383 | 679,216 | 877,996 | 790,271 | 866,686 | 1,083,895 | 1,479,601 | 150,000 | 0 | 0 | 0 | 133,216 | 232,182 |
provisions | 742,918 | 818,752 | 574,158 | 408,816 | 291,984 | 196,518 | 222,992 | 203,140 | 182,400 | 125,685 | 0 | 0 | 0 |
total long term liabilities | 1,342,437 | 1,509,258 | 1,462,651 | 1,209,513 | 1,168,713 | 1,295,950 | 1,710,433 | 1,434,667 | 538,862 | 363,687 | 191,295 | 133,216 | 232,182 |
total liabilities | 2,570,033 | 2,663,152 | 2,839,285 | 2,427,503 | 2,320,330 | 2,620,902 | 3,310,655 | 2,964,662 | 1,921,146 | 1,942,005 | 1,335,357 | 565,843 | 660,796 |
net assets | 4,460,775 | 4,376,826 | 4,381,128 | 3,729,678 | 3,079,175 | 2,828,443 | 2,208,413 | 1,550,479 | 881,680 | 409,335 | 313,239 | 1,577,280 | 1,576,822 |
total shareholders funds | 4,460,775 | 4,376,826 | 4,381,128 | 3,729,678 | 3,079,175 | 2,828,443 | 2,208,413 | 1,550,479 | 881,680 | 409,335 | 313,239 | 1,577,280 | 1,576,822 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||
Operating Profit | |||||||||||||
Depreciation | 679,276 | 739,043 | 621,853 | 642,896 | 660,826 | 663,811 | 585,821 | 334,491 | 214,997 | 200,673 | 183,357 | 165,858 | 128,790 |
Amortisation | 83,875 | 83,875 | 83,875 | 0 | 83,875 | 83,875 | 83,875 | 83,875 | 55,000 | 30,000 | 55,000 | 55,000 | 41,250 |
Tax | |||||||||||||
Stock | 1,581 | 89 | 662 | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 260,387 | 98,717 | 93,809 | 31,157 | 195,756 | -73,865 | 143,840 | 70,634 | 192,763 | 59,733 | 152,431 | -24,770 | 291,690 |
Creditors | 71,502 | 39,733 | 68,180 | -30,763 | 47,451 | -49,865 | 76,340 | 52,826 | -1,163,451 | 395,206 | 577,085 | 4,013 | 428,614 |
Accruals and Deferred Income | 172,046 | -261,680 | 90,535 | 97,519 | -226,280 | -217,708 | 876,243 | 109,863 | 251,323 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | -75,834 | 244,594 | 165,342 | 116,832 | 95,466 | -26,474 | 19,852 | 20,740 | 56,715 | 125,685 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||||
Investing Activities | |||||||||||||
capital expenditure | |||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||
Financing Activities | |||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -503,604 | -186,061 | 689,665 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,186 | -19,147 | 23,333 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | -1,452,439 | 899,912 | 155,762 | 94,453 | 302,312 | 0 | 0 |
other long term liabilities | -260,833 | -198,780 | 87,725 | -76,415 | -217,209 | -395,706 | 1,329,601 | 150,000 | 0 | 0 | -133,216 | -98,966 | 232,182 |
share issue | |||||||||||||
interest | |||||||||||||
cash flow from financing | |||||||||||||
cash and cash equivalents | |||||||||||||
cash | 430,106 | -240,963 | 482,239 | 612,080 | -21,627 | 107,431 | 44,530 | 133,244 | -40,838 | 18,472 | 57,988 | 11,527 | 21,007 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,764 | -6,687 | 10,451 | 0 | 0 | 0 |
change in cash | 430,106 | -240,963 | 482,239 | 612,080 | -21,627 | 107,431 | 44,530 | 137,008 | -34,151 | 8,021 | 57,988 | 11,527 | 21,007 |
pips skips limited Credit Report and Business Information
Pips Skips Limited Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for pips skips limited by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other mid companies, companies in IP14 area or any other competitors across 12 key performance metrics.
pips skips limited Ownership
PIPS SKIPS LIMITED group structure
Pips Skips Limited has no subsidiary companies.
Ultimate parent company
PIPS SKIPS LIMITED
07547618
pips skips limited directors
Pips Skips Limited currently has 3 directors. The longest serving directors include Mr Quentin Stewart (Jun 2024) and Mr Mathew Stewart (Jun 2024).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Quentin Stewart | England | 57 years | Jun 2024 | - | Director |
Mr Mathew Stewart | England | 55 years | Jun 2024 | - | Director |
Mr Noah Bulkin | United Kingdom | 47 years | Jun 2024 | - | Director |
P&L
March 2024turnover
5m
0%
operating profit
38.4k
0%
gross margin
28.3%
+10.98%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
4.5m
+0.02%
total assets
7m
0%
cash
1.6m
+0.36%
net assets
Total assets minus all liabilities
pips skips limited company details
company number
07547618
Type
Private limited with Share Capital
industry
38110 - Collection of non-hazardous waste
38120 - Collection of hazardous waste
incorporation date
March 2011
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
alpha 3 the buntings, cedars park, stowmarket, suffolk, IP14 5GZ
Bank
-
Legal Advisor
-
pips skips limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 4 charges/mortgages relating to pips skips limited. Currently there are 1 open charges and 3 have been satisfied in the past.
pips skips limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for PIPS SKIPS LIMITED. This can take several minutes, an email will notify you when this has completed.
pips skips limited Companies House Filings - See Documents
date | description | view/download |
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